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20121201
20121231
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on apparently the fiscal cliff negotiations. we'll get in depth on that with steve moore ahead. all these politics play out in washington, d.c. what about your money? we'll have that next on "happening now." you know that little 50-pound thingy at the doctor's office when they weigh you, and they have to move it over? my doctor does not have to do that anymore. [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. feels great. simple. effective. take that, 50 pound thingy. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. jenna: there is breaking news. want to bring you back to the markets now. as they failed attempt at avoiding fiscal cliff sent stocks down. we're right around near the lows of session for the dow jones industrial average. there is a quick look at that we'll keep an eye on the markets. very volatile this time of year. significant that we're at this point now. also breaking this morning, house speaker john boehner is wrapping up remarks a short time a
? joining me now, senior economics writer or for "the wall street journal" steve moore. steve, thanks for making it in today. >> hi, jamie. we're having a white christmas in chicago. so it is a lot of fun. jamie: i know chicago, burr. the numbers are also pretty chilling for retailers who do what percentage of their business during the holiday season? >> you know, those months of november and december are absolutely crucial, jamie, for the retailers. about 40 to all their business all year is done in those two holiday months. so it's, not very good news that the retail numbers came in, you called them lackluster. and that's probably putting it charitiably. this was the worst year since 2008. it is actually, surprising, jamie, because if you look at some other indicators, consumer confidence had actually bumped up a little bit in the last couple months. we have, i wouldn't read too much into this because other indicators of the economy are looking up right now. jamie: so do you think it's an anomaly that it isn't going up? is it an indication if we go over the fiscal cliff there's conc
Search Results 0 to 1 of about 2

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